Government should provide corporate income tax incentives on capital expenditure for facilities (green field hospitals) with 50 beds (this is currently allowed only for hospitals with 100 beds and above)

The challenge our country faces today is the disparity in demand and supply for quality healthcare at affordable costs. As opposed to popular belief we do have the talent and the resources to bridge this gap.

To promote the ‘Make in India’ campaign, the tax regime surrounding medical device industry should be drastically altered to boost investment and promote R&D which will lower the CAPEX needs of providers.

Today prevention is the most understated and under-resourced section of healthcare. Spending on ensuring healthy behaviour, information, education and communication about health is simply an extended arm of vertical healthcare programmes.

In order to incentivize and promote healthcare providers, increase in tax holiday from current five years to ten years in metros as well as non-metros is suggested as Hospitals are capital intensive and take at least 3 to 5 years to break even

Impetus to healthcare and biopharmaceuticals in particular is critical in finding innovative solutions to address the huge disease burden especially in chronic health diseases such as cancer, diabetes, heart diseases and respiratory disorders.